BlueRush Releases Unaudited Results for the First Quarter 2012

SYMBOL: BTV

TORONTO, Jan. 30, 2012 /CNW/ - BlueRush Media Group Corp. (TSX-V: BTV), announced today that it has filed its unaudited results for the three months ended October 31, 2011.

Financial Highlights for the three months ended October 31, 2011 with comparatives:

                         
                October 31, 2011       October 31, 2010
Revenue from Operations             $ 1,310,631     $ 1,050,201
Net earnings               54,767       120,796
       per share  - basic               0.002       0.004
       per share - diluted               0.002       0.004

During the quarter, BlueRush maintained and grew revenues from its primary verticals; financial services and healthcare. Existing clients repeated business with BlueRush and new clients were added. The mobile area continues to grow with projects related to mobile and tablet applications as well as websites.

The Company continues to add resources to expand platform capabilities for "Digital Reach", the Company's product aimed at enterprises for the storage, send and formatting of digital materials in any format.

As well, BlueRush has continued to invest resources to expand its sales related activities and continual Research and Development.

Interested investors are encouraged to view the complete consolidated financial statements as well as all other filings, which are available at www.sedar.com.  Additionally, more information on the company is available at www.bluerush.ca

About BlueRush Media Group Corp.

BlueRush Media Group Corp., through its wholly owned subsidiary, BlueRush Digital Media ("BlueRush"), is a digital marketing company which combines leading edge technology with award winning creative television production.  BlueRush creates innovative rich media solutions for distribution across all new emerging medias: Internet, Web TV, iPods, Mobile Phones, Digital Signs and Instore Kiosks.  With expertise in programming, production, and marketing, BlueRush provides its clients with digital video solutions which extend some of the most recognizable brands into this emerging digital and Internet age.  BlueRush Media Group Corp. is a publicly listed company on the TSX Venture Exchange trading under the symbol "BTV".  For more information please visit www.bluerush.ca

Cautionary Statements

Certain statements in this press release are forward-looking statements.  The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by BlueRush Media Group Corp. at the time of preparation, may prove to be incorrect.

Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors, many of which are beyond the control of BlueRush Media Group Corp.  There is no representation by BlueRush Media Group Corp. that actual results achieved during the forecast period will be the same in whole or in part as those forecasts.  All dollar amounts in this press release are Canadian dollars unless otherwise identified.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE BlueRush Media Group Corp.

For further information:

Laurence Lubin
President & CEO
larry@bluerush.ca

Organization Profile

BlueRush Media Group Corp.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890